The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers various features that can help you take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available, making it easy for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most out of any trading plan.